Regions
Mack-Cali Acquires New Jersey Community for $264M
Roseland Residential Trust, a multifamily arm of the REIT, purchased a 377-unit luxury apartment building in Jersey City, N.J., from seller AEW.
Pinnacle Brokers Southwest Denver Transaction
Joe Hornstein and Scott Fetter of the Hornstein Fetter apartment group worked on behalf of the sellers, with Jim Knowlton of the Knowlton Lawson team representing the buyers.
Nuveen Real Estate Names New US CIO
Carly Tripp will be responsible for overall investment strategy, acquisitions, dispositions, asset management and financings of the company’s $88 billion U.S. portfolio.
Greysteel Appoints New Director to LA Office
Everett Wong will serve the company’s clients throughout Southern California and will oversee institutional, middle market and private client multifamily transactions.
Affordable San Diego Project Breaks Ground
Affirmed Housing has begun work on The Link, a 50,000-square-foot development dedicated to formerly homeless residents. Bank of America provided roughly $48 million for the project.
Executive Q&A: Lack of Income Growth Looms Large
PGIM Real Estate Finance’s Marcia Diaz shares her views on how the increasing housing supply and a potential economic slackening could impact multifamily financing.
JV Breaks Ground on 2 DC Communities
Developers Urban Atlantic, Hines and Triden Development Group will deliver 390 market-rate and affordable housing units through The Vale and The Brooks, located within The Parks at Walter Reed.
Canyon Partners, Santander Bank Launch Multifamily Impact Fund
Canyon Multifamily Impact Fund IV plans to spend approximately $100 million on affordable housing properties in the Northeast.
Hamilton Zanze Acquires MO Community
Located in Independence, Cornerstone offers 420 units and will undergo a capital improvement plan that will enhance its business center and clubhouse, as well as adding new amenities.
Hana Invests in Cottonwood’s Boston Mega-Project
The South Korean alternative asset manager closed its debut investment in EchelonSeaport, a $950 million luxury, mixed-use project under construction in the Seaport District.